SEC chair doubles down on crypto stance under threat of Trump ousting
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs.
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Report: GALA token exploit resulted from public leak of private key on GitHub
It appears that the leaked private key caused a change of ownership in the compromised smart contract 70 days prior. 205 Total views 1 Total shares According to a new post by blockchain security firm SlowMist on Nov. 7, it appears that the last week’s token exploit affecting GameFi project Gala Games resulted from a public…
CIA Has Had Keys to Global Communication Encryption Since WWII
The CIA used a Swiss company named Crypto AG to spy on the world for the last 75 years, proving the need for private crypto and blockchain solutions
Crypto and Blockchain News From Japan: Oct. 7–13 in Review
Japan, the second-largest source of traffic for global crypto exchanges to date, witnessed a number of industry announcements this week as the country hosted the major blockchain event Devcon 5 from Oct. 8 to Oct. 11.Organized on an annual basis by the Ethereum Foundation, the recent Devcon conference featured leading figures in the blockchain and…
Australian Startup Offers New Spin on Tokenized Gold Trading
Australian startup Meld Gold will launch a blockchain-based platform for tokenized gold trading in the third quarter of 2020.Meld Gold said the platform will offer a digital method to buy and sell physical gold that is more efficient and transparent than traditional gold markets.Unlike other gold-backed tokens, the issuer doesn’t have a stash of gold…
3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter
A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer.
Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan
Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC) payouts effectively slashed to about 30% of what they’re worth at current market rates. In an X post, Gemini Trust revealed it sent creditors an email on Dec. 13 outlining the proposed plan, which has now been put
Voyager rejects Alameda buyout offer as it ‘harms customers’
Centralized crypto lender Voyager Digital Holdings has rejected an offer from FTX and its investment arm Alameda Ventures to buyout its digital assets on the grounds that the actions “are not value-maximizing" and potentially "harms customers." In a rejection letter filed in court on July 24 as part of its ongoing bankruptcy proceedings, Voyager’s lawyers denounced…
Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets
Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on emerging markets, the Wall Street Journal (WSJ) reported Oct. 29.Both investments are said to have been spearheaded by one of Berkshire’s two portfolio managers,…